MLchartDataset catalogue

Dividend accumulation

Term · Insurance and risk management · MLC-T-INS-001203

An option available to policyholders of participating life insurance policies, where policy dividends are left with the insurer to earn interest. The accumulated dividends and interest can be withdrawn by the policyholder at any time or used to increase the death benefit. The interest rate applied to these accumulations is declared by the insurer annually.

Table 1. Record
IdentifierMLC-T-INS-001203
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001203",
  "term": "Dividend accumulation",
  "field": "Insurance and risk management",
  "definition": "An option available to policyholders of participating life insurance policies, where policy dividends are left with the insurer to earn interest. The accumulated dividends and interest can be withdrawn by the policyholder at any time or used to increase the death benefit. The interest rate applied to these accumulations is declared by the insurer annually.",
  "url": "https://mlchart.com/terminology/insurance/dividend-accumulation/"
}

Record 1,044 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.